WhatsApp
Call Us

Choose Broker-

IPO Open

Tue, Sep 1, 2026

IPO Close

Thu, Sep 3, 2026

Price Band

₹168 to ₹177

Market Cap (Pre-IPO)

₹1,701.40 Cr * on Upper Price

IPO Details

  • IPO Date
    1 to 3 Sep, 2026
  • Listing Date
    Tue, Sep 8, 2026
  • Face Value
    ₹2 per share
  • Price Band
    ₹168 to ₹177
  • Lot Size
    84 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    2,59,72,633 shares (agg. up to ₹460 Cr)
  • Fresh Issue
    1,41,24,293 shares (agg. up to ₹250 Cr)
  • Offer for Sale
    1,18,48,340 shares of ₹2 (agg. up to ₹210 Cr)
  • Share Holding Pre Issue
    8,20,00,000 shares
  • Share Holding Post Issue
    9,61,24,293 shares

IPO Timetable (Tentative)

  • IPO Open
    Tue, Sep 1, 2026
  • Allotment
    Fri, Sep 4, 2026
  • Credit of Shares
    Mon, Sep 7, 2026
  • IPO Close
    Thu, Sep 3, 2026
  • Refund
    Mon, Sep 7, 2026
  • Listing
    Tue, Sep 8, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 84 shares and in multiples thereof.

Application Lots Shares Amount
Retail (Min) 1 84 ₹14,868
Retail (Max) 13 1,092 ₹1,93,284
S-HNI (Min) 14 1,176 ₹2,08,152
S-HNI (Max) 67 5,628 ₹9,96,156
B-HNI (Min) 68 5,712 ₹10,11,024

About Deepa Jewellers Ltd.                                                         Updated on Aug 27, 2026

Incorporated in 2016, Deepa Jewellers Ltd. is engaged in the retail and wholesale trading of gold and diamond jewellery, offering a wide range of traditional and contemporary designs catering to diverse customer preferences. The company focuses on sourcing, designing, and selling jewellery products including rings, necklaces, earrings, bangles, and customized ornaments crafted with quality materials and skilled workmanship.

Product Portfolio: Vaddanam (waist belt), CNC machine cut bangles, gents kada, vanky(armlet), dandpatti (bajuband), gundlamala haaram (traditional neck piece), gundlamala necklace, kangan, earring, mangtika (forehead pendant), maatil (ear chain), champasaralu (ear to hair chain), jada (braid ornament), and rings.

Deepa Jewellers Ltd. emphasizes purity, transparent pricing, and customer trust, operating through physical stores and distribution channels while adhering to regulatory standards and evolving jewellery market trends.

As of July 31, 2026, the company’s customer network spans across 13 states and 1 union territory in India with a total customer base of 373 customers, comprising of 47 jewellery retail chains and 326 standalone stores.

The company use third-party mobile application namely “Deepa Jewellers Limited” to enhance their brand visibility, disseminate information and display product collections, which was commissioned by them on June 25, 2021. This application enables access to high-resolution images of selected jewellery designs to remote customers.

As on July 31, 2026, they have a product portfolio of 16 products and 110 SKUs across their product categories.

Competitive Strengths:

    • Strong presence in southern market

Well established customer base with long-standing relationship with jewellery retail chains and standalone stores

  • Diverse product portfolio with varied weight ranges, designs and specialisation in vadannam and CNC machine cut
    bangles
  • Established procurement network and long -standing relationship with karigars
  • Well experienced Promoters and a professional management team with sectoral experience

Company Financials (Restated Consolidated)

Deepa Jewellers Ltd.’s revenue increased by 38% and profit after tax (PAT) rose by 158% between the financial year ending with March 31, 2026 and March 31, 2025.    (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 357.18 217.67 174.64
Total Income 1,927.73 1,400.10 1,025.73
Profit After Tax 104.79 40.58 24.35
EBITDA 146.34 56.01 35.77
NET Worth 238.07 133.21 92.55
Reserves and Surplus 221.67 129.11 88.45
Total Borrowing 111.11 80.79 77.93

Recently Listed IPOs in Gems, Jewellery And Watches

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Shankesh Jewellers Ltd. Mainboard ₹367.18 Cr ₹93 10.24 ₹94.82 +1.96% ₹89.69
Lalithaa Jewellery Mart Ltd. Mainboard ₹1,700.00 Cr ₹201 9.95 ₹248.44 +23.60% ₹246.23
Advit Jewels Ltd. Mainboard ₹165.16 Cr ₹138 18.41 ₹179.46 +30.04% ₹263.57

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company
    215.00
  • 2 General corporate purposes

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 56.45%
ROCE 52.08%
Debt/Equity 0.47
RoNW 56.45%
PAT Margin 5.44%
EBITDA Margin 7.60%
NAV 29.03

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 4.95
Market Cap at Offer Price ₹1,701.40 Cr

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 100% 72.98%
Public 27.02%
Total 100% 100%

Company Promoters: Ashish Agarwal, Seema Agarwal and Dev Agarwal.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered Amount (₹ cr.)
Ashish Agarwal Promoter 59,24,170 104.86
Seema Agarwal Promoter 59,24,170 104.86
Total 1,18,48,340 209.72

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Emkay Global Financial Services Ltd.
  2. Valmiki Leela Capital Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Deepa Jewellers Ltd. Address
Ground floor and first floor,
door no. 3- 6-343 & 344,
Basheerbagh, Himayathnagar,
Hyderabad, Telangana, 500029

IPO FAQs

Deepa Jewellers IPO is a main-board IPO of 2,59,72,633 equity shares of the face value of ₹2 aggregating up to ₹460 Crores. The issue is priced at ₹168 to ₹177. The minimum order quantity is 84.

The IPO opens on Tue, Sep 1, 2026, and closes on Thu, Sep 3, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Deepa Jewellers IPO using UPI as a payment gateway. Angel One customers can apply in Deepa Jewellers IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Deepa Jewellers IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Deepa Jewellers IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Deepa Jewellers IPO opens on Tue, Sep 1, 2026 and closes on Thu, Sep 3, 2026.

Deepa Jewellers IPO lot size is 84, and the minimum amount required for application is ₹14,868.

You can apply in Deepa Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Deepa Jewellers IPO will be done on Friday, September 4, 2026, and the allotted shares will be credited to your demat account by Mon, Sep 7, 2026. Check the Deepa Jewellers IPO allotment status.

The Deepa Jewellers IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 8, 2026.

Stock Broker Reviews India

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.